I take extra efforts to be punctual so about the only thing I am too late for is getting to the phone before it stops ringing so it was what came to mind reading this challenge.
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You've got the concept of "too late" working. I have a little trouble with the hand. It's a forground element that is trying really hard to be a background element.
I really like the idea of the picture. The b&w adds to its effect, in my opinion, as the colors of the cell phone display might have been a little distracting. The blurred hand also adds nicely to the "just a second too late" character of the picture.
One thing I don't like is the backgtround, it just doesn't have enough contrast with the hand and the phone; on the right side, you can't really tell where the phone ends and the background begins. This might also be due to the lighting which makes the phone cast a distinct shadow.
I also find it distracting a little distracting how the light produces a lot of glare on the phone.
Don't get me wrong though, I really like this picture!